LON:GLOContourglobal Share Price, Forecast & News

Contourglobal's stock was trading at GBX 162 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GLO shares have increased by 7.4% and is now trading at GBX 174. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Contourglobal in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Contourglobal.

Contourglobal announced a dividend on Friday, May 15th. Investors of record on Thursday, June 4th will be paid a dividend of GBX 3.32 per share on Friday, June 26th. This represents a dividend yield of 2.06%. The ex-dividend date of this dividend is Thursday, June 4th. This is an increase from Contourglobal's previous dividend of GBX 2.99. The official announcement can be viewed at this link. View Contourglobal's dividend history.

2 analysts have issued 1-year price targets for Contourglobal's shares. Their forecasts range from GBX 205 to GBX 300. On average, they anticipate Contourglobal's share price to reach GBX 252.50 in the next twelve months. This suggests a possible upside of 45.1% from the stock's current price. View analysts' price targets for Contourglobal.

News articles about GLO stock have trended extremely positive on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Contourglobal earned a media sentiment score of 5.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutContourglobal.

Some companies that are related to Contourglobal include Contact Energy (CEN), TransAlta Renewables (RNW), Innergex Renewable Energy (INE), Infratil (IFT), Boralex (BLX), TransAlta (TA), Encavis (CAP), Drax Group (DRX), New Energy Solar (NEW), Polaris Infrastructure (PIF), Zenith Energy (ZEN), Energy World (EWC), Genex Power (GNX), Integrated Green Energy Solutions (IGE) and Windlab (WND). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Contourglobal investors own include Johnson & Johnson (JNJ), Main Street Capital (MAIN), Bank of America (BAC), Phillips 66 (PSX), InfraCap MLP ETF (AMZA), Anthem (ANTM), Broadcom (AVGO), Boeing (BA), Booking (BKNG) and BP (BP).

Contourglobal trades on the London Stock Exchange (LON) under the ticker symbol "GLO."

Shares of GLO and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

One share of GLO stock can currently be purchased for approximately GBX 174.

Contourglobal has a market capitalization of £1.16 billion and generates £1.33 billion in revenue each year. Contourglobal employs 1,489 workers across the globe.

The official website for Contourglobal is www.contourglobal.com.

Contourglobal's mailing address is 6th Floor 15 Berkeley Street, LONDON, W1J 8DY, United Kingdom. The company can be reached via phone at +44-20-73557321.